Under questioning, Mr. Musk said he hadn’t discussed how much money investors would put in to help him take his car company private.
Category: Stocks and Bonds
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Elon Musk Said Tesla Buyout Plan Didn’t Involve ‘a Specific Number’
The New York Times – Business: -
Senators Will Prod Live Nation and Ticketmaster on Antitrust
The New York Times – Business:The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing.
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The Week in Business: The Debt Limit and Politics
The New York Times – Business:Microsoft and Alphabet, the parent company of Google, both said they would cut thousands of jobs. And initial estimates of economic growth in the U.S. in the fourth quarter come out Thursday.
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How to Invest as a Debt Ceiling Crisis Looms
The New York Times – Business:The risk of a federal debt ceiling breach later this year has increased. Steel yourself for trouble, our columnist writes. But remember: This, too, shall pass.
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America Set to Hit Its Borrowing Limit Today, Raising Economic Fears
The New York Times – Business:The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.
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How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
The New York Times – Business:The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.
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As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans
The New York Times – Business:A default would most likely rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.
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The Week in Business: More Air Travel Chaos
The New York Times – Business:Consumer prices continue to cool down. Goldman Sachs began one of its largest rounds of layoffs since the 2008 financial crisis. And Elon Musk is to go to trial over a 2018 tweet about Tesla.
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Bob Jordan, Southwest Airlines’ CEO, on What Went Wrong
The New York Times – Travel:Southwest Airlines’ chief executive, Bob Jordan, said frigid temperatures and mistakes by the company caused its meltdown around Christmas.